Winsome Resources

Exceptional High Grade Lithium Assay Results Uncover Significant Upside From Adina Project Ahead Of Drilling Campaign

Winsome Resources Limited (ASX: WR1; “Winsome” or “the Company”) is pleased to announce high grades of lithium mineralisation have been confirmed from laboratory assay results following the recent field exploration program at the Company’s Adina project in Quebec.


Highlights

  • Rock chip Assay results through surface mapping from recent Jamar Discovery at Adina confirm lithium mineralisation is much larger than previously thought
  • Multiple Exceptional results up to 4.89% Li2O including:
    • Sample C00279921 3.38% Li2O
    • Sample C00279929 4.89%Li2O
    • Sample C00279942 4.61%Li2O
    • Sample C00279945 3.87% Li2O
    • Sample C00279946 3.66% Li2O
  • Upcoming drill program to determine potential connectivity with previously discovered ore body at Adina
  • Discovery is a significant step towards co-development alongside the flagship project, Cancet
Winsome has received 26 rock chip assays from SGS laboratory in Quebec, confirming strong mineralisation at the recently discovered pegmatite outcrop at Adina, as detailed in the ASX release on 16 August 2022, following a three- week field exploration program.

The results in Table 1 confirm high-grade lithium rock chips, with the highest grade 4.89% lithium oxide (Li2O), with other significant high-grade results recorded, including 10 of the 26 samples over 2% Li2O

The recently discovered pegmatite outcrops, labelled as the Jamar Discovery in Figure 1, appear to be hosted in a basalt unit and are located approximately 1.2km to the NE of the previously drilled mineralised pegmatites at Adina.

Winsome’s Managing Director Chris Evans said:

“The assay results from these rock chip samples provide the Company with great confidence ahead of the upcoming autumn drilling campaign.”

“These exceptional results, of up to 4.89% Li2O, demonstrates the extent of lithium mineralisation at Adina is much larger than previously thought.”

“The results confirm the effectiveness of our current exploration strategy which has defined multiple drilling targets for the upcoming drilling campaign.”

“This offers a great opportunity to develop a maiden resource at Adina, while simultaneously advancing Cancet and our other existing projects in the region.”

Drilling program

Winsome has submitted and received permits for drilling, which is anticipated to commence early next month.

The drilling program is designed to infill drill the previously drilled mineralised pegmatite ore body at Adina, as well as drill the new Jamar Discovery and investigate the ground in between to determine if the ore bodies are connected.

The planned hole locations for the upcoming drilling program are highlighted by the white dots in Figure 3 below. The drill program is expected to take about six weeks to complete with a Diamond drill rig which is heli-portable.

Continued exploration success at Adina would increase the prospect of co-development with Winsome’s nearby flagship Cancet lithium project, which lies approximately 90 km to the west.

This offers a rapid path to define more resources towards production, with existing road infrastructure in the region connecting Cancet to mining and transport centres to the south.


Click here for the full ASX Release

This article includes content from Winsome Resources Limited, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.

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